Category: Company News

Cryptocurrency POS System Uses New Trustless Blockchain to Reduce or Eliminate Fees, Speed Transaction Time. NEW YORK, Dec. 27, 2018 Ormeus Cash (OMC) announced today a new “trustless” point of sale (POS) system that enables merchants worldwide to accept cryptocurrency payments for goods and services. Through a partnership with technology leader COTI, Ormeus Cash utilizes COTI’s

AT a time when some Bitcoin mining farms are shutting down, one big-name industrial-scale miner is standing strong and increasing capacity. Against the backdrop of the New York Stock Exchange Chairman’s announcement today that Crypto will survive and “Bitcoin is still the yardstick”, it was revealed that leading Crypto Miner Ormeus is doubling down on

Massena, N.Y., perched on the northernmost border of New York state, is the archetype of the company town that has lost its companies. Downtown there’s a pillared town hall and a Main Street lined with stately old buildings, along with an empty union hall, a couple of banks and restaurants, and a bunch of vacant

Ormeus Coin today became the stable ‘gold-standard’ currency for the crypto economy with the launch of its unique cash reserve. The stablecoin is backed by 40% of profits from ongoing production at a multi-million-dollar cryptocurrency mining operation in North America and China, which are now indelibly linked to the Ormeus Reserve Vault, (ORV). An unalterable

Ormeus Coin, the digital currency backed by a USD$250 Million crypto mining business, has just announced the release date for its unique wallet platform. The highly-rated cryptocurrency will unveil the new Blockchain-based wallet at a global launch event at the Impact Arena Exhibit & Convention Center, Bangkok, Thailand from April 16th – 18th. The ultra-secure

Asset Backed: Smart Contract Secured Cash Reserve Goes Live In Beta Ormeus Coin today announced the Beta launch of an unalterable smart contract system for verifying regular deposits from its industrial cryptocurrency mining business. The highly-rated virtual currency is secured by a reserve vault that is anchored to the company’s USD$250 Million North American crypto

Upstate New York becomes Bitcoin mining hub with cheap hydro energy fuelling 21st Century Gold-Rush Ormeus has joined forces with local authorities and the Moses-Saunders Power Dam – a colossal hydro project that stretches over the St. Lawrence River Valley for more than 30 miles. The dam has 32 turbine-generators divided equally by the international

Virtual currency Ormeus Coin has opened a new state-of-the-art industrial crypto mining facility in St. Lawrence County, upstate New York. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180302005595/en/ The purpose-built North Country operation is part of a wider USD$250 Million cryptocurrency mining business which secures new digital money system Ormeus Coin, (Orme). A

A newly published legal and financial audit of virtual currency Ormeus Coin has revealed one of the largest industrial crypto mining operations in the world. Ormeus Coin (asset symbol ORME) is a ground-breaking digital money system secured and cryptographically linked to a publicly identifiable currency vault funded by a $250 Million industrial-scale mining business in North America. The

Hundreds of computers run night and day. Each one is basically a little supercomputer. They work on solving the complex equations that cough up cryptocurrencies like Bitcoin. It’s happening right now in a warehouse in the Massena Industrial Park. “Right now, Massena has the capacity to be the Silicon Valley for cryptocurrency,” said Tina Barksdale,